Auction Finance


New Business






Regulated Bridge


Residential Secured

Case studies

New Business finance in South East

  • Client owned office units which previously had been home to his business.
  • He wished to change the property into an investment by letting out the vacant units but was unable to do so under his present bank conditions and other lenders had declined to assist due to a perceived lack of experience as an investor.
  • We were able to repay the existing high street loan, clear asset finance secured on the property and provide an 18 month loan of £350,000.
  • The client has now been successful in letting the property 100% and we have kept in contact with our introducer who is assisting the client in presenting a full investment proposal to lenders on a long term basis.

Auction Finance to purchase restaurant in Devon

  • Clients traded from restaurant on a lease but wished to purchase the freehold.
  • Property was registered in auction and they therefore required urgent bridging finance.
  • Peninsula attended the auction in question and provided outline support for the purchase to allow successful bidding.
  • The clients only held a 10% deposit so we were able to finance 90% of the purchase by taking a 1st charge over the restaurant and 2nd charge on their residential home.
  • We completed a 12 month loan of £100,000 within tight auction time constraints and the clients successfully realised a long term aspiration of owning their own freehold restaurant.

Turnaround finance for Transport Depot in South West

  • Client needed to refinance bank borrowing and repay substantial tax liability.
  • Pressure being exerted from creditors and time required to consolidate debt and allow improved trade position.
  • Case had been declined from other sources.
  • Peninsula was able to offer a 24 month interest only facility of £250,000 to allow debt consolidation.
  • We took a 1st charge at 60% LTV on the commercial trading property, relieving pressure from the creditor and reducing ongoing monthly commitments.

Refurbishment funds required for house renovations on South Coast

  • Clients wished to purchase a residential property in poor condition.
  • The property required a full refurbishment programme including new kitchen, bathrooms and an extension to the rear.
  • Funds were required to assist with 65% of the purchase price and also to carry out 100% of the refurbishment works.
  • We were able to offer a 12 month loan facility of £250,000 to assist with the purchase and with £100,000 retained from the loan and advanced in stages as the refurbishment project progressed. Interest was only charged on capital drawn down and the clients were able to successfully complete the project works in 6 months.
  • The clients decided to retain the property as an investment rather than sell. They were successful in letting and have now refinanced onto a long-term buy to let loan with no exit fees incurred on our refurbishment bridge.

Development Loan of £600,000 for 5 new build houses in Taunton

  • Client owned land outright and secured planning consent for 5 new detached houses.
  • 100% of development works were required to build the new units.
  • Our specialist surveyor was able to provide a comprehensive development appraisal which allowed us to offer funding for the full development cost.
  • We were able to offer a 12 month development facility available in stages up to 50% LTV on the ongoing project works.
  • Our facility also allowed redraws on the loan within the term as the developer was able to sell the initial units off plan and this helped to control overall finance costs.
  • The houses were successfully completed and sold, crystalising a significant profit level for our client.
  • We did not charge any exit fee or charge on the GDV of the project once our client was in a position to repay in full.

Regulated bridge to meet a purchase deadline

  • Clients house sale had fallen through but were desperate not to also lose their purchase.
  • We were approached to provide bridging finance to secure the new house purchase.
  • We offered a 6 month loan facility of £305,000 secured by way of a 1st charge on the property being purchased and a 2nd charge on the current house.
  • Interest was rolled into the facility so the bridge did not need to be serviced.
  • Our clients completed on the purchase and after 3 months successfully sold their house, repaying our loan with no exit fees incurred.